Are you experiencing debt that has been piling up lately? Are you exhausted from trying other financial tips and advice but still have unsolved issues?
Perhaps you’re here because you’ve been through every thing.
In most cases, the best way is to approach professionals that can help you resolve the issue.
CuraDebt is one of the companies that get the most inquiries. Many customers have asked if they are able to help or help you get into more debt.
According to their customers, they can assist you in managing 80% of your debt so that you are able to take couple of w
orries off your mind.
For some, these claims are just too good to be true.
If you’re looking for anything that can assist you in paying off your debt. If that’s the situation, CuraDebt will mostly be recommended by people. We’ll be taking a deep review of how CuraDebt is used and the problems it could help solve.
Furthermore, before we conclude our discussion, we’ll take a look at its benefits and drawbacks.
Before you begin the review, you can watch this video instead for a more relaxing way to watch it.
Otherwise, let’s begin.
Before you go on, you may want to check out this video by CuraDebt Debt Relief Reviews on YouTube that gives a quick overview. After, you’ll want to read the rest of the article for a more comprehensive review of CuraDebt.
About the Company List Of Companies Giving Raises Or Bonuses Due To Tax Relief
CuraDebt is a company that provides debt relief from Hollywood, Florida. It was founded in 2000, and is an active member of the American Fair Credit Council, the US Chamber of Commerce, and is accredited by the International Association of Professional Debt Arbitrators.
Although the service is accredited, certain states have limited their access to their services.
What CuraDebt do?
Helping you pay off your debt is CuraDebt’s most popular feature. However, they also offer additional services to help you be more financially secure.
The process begins with requesting a free online savings estimate. The service is completely confidential and they will not be conducting a credit screening. With this savings estimate you’ll be able to be able to learn more about the options to debt-free.
The savings estimate, as mentioned earlier, provides you with an insight into your choices regardless of whether you’re going to keep using CuraDebt.
CuraDebt will assign you a financial advisor and a team of support to help you with credit arbitration if you decide to sign up. Financial advisors may be able to assist you on your path to debt-free living.
After your debt settlement program is completed, CuraDebt can be the agency to answer all of your creditor’s calls. They’ll also be the ones that negotiate the terms of your payment in accordance with the state of your finances. In determining which option is the best your situation, the payment could be either a lump sum settlement or the option of a payment plan.
Moreover, they will work with lenders to help you get better rates when you transfer money into your savings account, which in turn, will be processed to pay off the creditors. Their programs can assist you to pay off the debt in the period of 48 months.
After you’ve signed up with them, they’ll allow you access to your account information 24 hours a day. All you need to do is sign in to CuraDebts the client portal so that you can monitor your performance.
Before you can benefit from their program, you’ll need to meet their eligibility requirements first. For eligibility, you’ll have to be:
- Minimum 21 years old
- Have a verifiable income
- Have a minimum debt of $5,000
What can they assist you?
Here are the various ways CuraDebt can aid you.
As their name suggests, CuraDebt can assist you in dealing with your debt. They can negotiate settlements on your behalf to settle the majority of types of debt. They can help with medical bills, personal loans, credit cards and loans. They are also able to pay off any remaining balance on business debt and collections or repossessions.
They can even help negotiate for back taxes and IRS debt. However, you will not receive support for most of your lawsuits, government loans, collateral, and utility bills. They also don’t cover most student loans.
On the other hand, they can help you use laws like that of Telecommunications Consumer Protection Act (TCPA) and the Fair Debt Collection Practice Act (FDCPA). They can also assist you in identifying creditor violations to ensure that you receive cash settlements, if possible. Some violations can also cause your debt to be removed as well.
CuraDebt also allows you to settle debt with less than the sum you have. You can also ask questions during their free consult with their debt counsellor.
The greatest benefit of the program is that you’ll only have to pay for the charges when your debt is paid off. All you need to sign up for any of the plans and you’ll be able to pay off all your debts.
Tax Management and Relief
CuraDebt can also deal with the tax liabilities you have. Once they’ve gathered all your financial documentation, they will also collect all the documents you’ll require for tax returns.
With this program, you’ll be able to solve various tax issues like wage garnishments as well as tax penalties for personal and taxation for business, back taxes and trust fund penalties and tax liens.
There aren’t hidden fees either. They only use flat-fee pricing, which depends on the amount you’ll must settle.
They have different solutions when it comes to settling taxes. Here are 6 of them:
- Installment agreements
- Offer in Compromise
- Collection statute expiration date
- Tax lien subordination
- Penalty abatement
- Currently non-collectible
What kinds of debts can they assist you with?
Although debt settlement is their specialty however, they do not offer all kinds in debt resolution. CuraDebt only focuses on debt that is not secured. They aren’t able to assist you if your loan or debt is linked to a physical item.
However, if you have one of the following kinds of debt, they’ll arrange settlements for you.
With CuraDebt, you should be able pay off tax debts that were due to be paid without any issues. Furthermore, this service is offered across all 50 states, if you have a debt in arrears to IRS. There are federal tax experts to assist you with these types of issues.
CuraDebt can also assist in settling the medical bills. In some instances you could even settle the debt for less than you are owed.
Private Student Loan
CuraDebt doesn’t cater to federal student loans. However, they can assist private students with negotiating any student loans that they have to pay.
Personal loans and payday loans are also eligible as debt-settling programs. You can also avail the program if you have other unsecure credit lines that you have obtained from a different financial institution or bank.
Credit Card Debt
Whether you have debt with store credit cards or traditional credit cards and private-label credit cards CuraDebt will assist you in paying it off.
What is the cost?
The best part about CuraDebt is the way they’ve priced their service. They do not charge an upfront cost. The only time you pay is when you have paid off all of your outstanding debts.
Additionally, they don’t have high-cost fees as well. On average, you’ll be required to pay up to 20 percent of the debt that you settled through them.
On average, this type of industry can charge anywhere between 15% and 25%.
Moreover, clients can expect to settle their debt from between 2 and 4 years. However, this also varies in relation to the amount you can save up per month.
Additionally, they claim you can save as much as 30% if you include their charges into your calculation.
But this claim will also depend on your specific situation. Some customers even claimed to save 50% to 80%.
Advantages to using CuraDebt
Once you’ve got an understanding of the benefits CuraDebt can offer you let’s explore the benefits from using CuraDebt.
In the beginning, CuraDebt will only charge you once you’ve paid off your debt. In addition, they only charge a 20% fee while the majority of companies charge 25%.
Then, if you’re done by the program for debt relief, you could also sign up for their credit restoration program.
It’s a great way to restore your credit score without having to go into debt again. The program is however designed differently for each person dependent on the circumstances of your case.
Lastly, CureDebt looks into your debt so that they can assist with settlements and negotiations. This means your debt won’t increase over time. They’ll also investigate any violations by creditors using their in-house experts.
Drawbacks of the use of CuraDebt
Let’s also consider some of the negatives of CuraDebt.
Debt relief and debt settlements typically require you to stop paying with . So if you’re trying to increase your standing on credit scores, you could set you back while you’re working on your credit card debt.
CureDebt does not have a mobile app available. While they do have a client website, it looks aged and simple. It’s not particularly intuitive and could be challenging to navigate.
Moreover, they are still not recognized by the Better Business Bureau although they did receive an A+ grade.
The Final Verdict
CuraDebt is a great program that allows you to pay off your debts without spending more on these kinds of services. Additionally the 20% service charge is less expensive than the majority of companies that offer an additional 25% charge. There are no upfront payments, and you will only be required to pay once your debt is finally settled.
Although they’ll allow you to access an account that allows you to track your progress but their website isn’t easy to navigate. CuraDebt does not have an app that would make it easier to monitor your progress.
However, they have a good support team, and you can reach them, not only via emails but also via phone or sending an e-ticket. List Of Companies Giving Raises Or Bonuses Due To Tax Relief
If your problem of debt is an problem right now, we highly recommend CuraDebt’s program. Be sure to be eligible and that the services they offer are available in your area.
FAQ List Of Companies Giving Raises Or Bonuses Due To Tax Relief
What is the time frame to complete the course?
The average program is between 24 and 48 months dependent on the size of your debt as well as the stipulated settlement.
Can CuraDebt aid in the fight against state tax issues?
Sure, CuraDebt has a tax relief program to assist you with issues such as late payroll tax issues and garnishments of wages.
What should I do after joining the program?
You’ll be required to communicate with your team members and pay the required payments to reduce your debt over time.